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Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Retail space
4709 Trapnell Rd Plant City, FL 33566-0173
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-3441508
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2018
Construction
STEEL FRAME
Total area
9,315 SF
Lot
1.44 ac (62,726 SF)
Zoning code
PD
APN
U142921ZZZ000004017505
UPID
US18-3441508
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Chefersons Restaurant
-
FedEx OnSite Postal Service Courier Service
-
Western Union Bank Credit Union
-
Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$2.73M
Owner & transaction history
Himmelrich & Company INC · 3 yrs held
Himmelrich & Company INC
since 2022
Last sale
$2.7M
2 recorded transactions
Zoning & alternative use
PD · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.5M
+224.1%
Apartment house (5+ units)
$3.3M
+135.2%
Medical building
$2.3M
+65.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Plant City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plant City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,790,000
ML approach
$2,720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,530,000
Change: +224% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,285,000
Change: +135% · Conversion: Difficult
MEDICAL BUILDING
$2,305,000
Change: +65% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,270,000
Change: +63% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,760,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$2.73M
Range $2.45M – $3.00M · ±10% · vs last sale $2.69M (Oct 4 2022)
Last sale anchor
$2.69M
Oct 4 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$293 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,323
Tax year 2023
Assessed value
$1,535,400
Assessed 2023
Previous assessed
$1,583,906
-3.1% YoY
Effective rate
1.78%
On assessed value
Assessed land
$248,546
Assessed improvement
$1,286,854
Land market value
$248,546
Improvement market value
$1,286,854
Total market value
$1,535,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2018
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
9,315 SF
Lot
1.44 ac (62,726 SF)
Zoning code
PD
APN
U142921ZZZ000004017505
UPID
US18-3441508
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Plant City, FL
Zoning PD · permitted uses
PD · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plant City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$1.8M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
Himmelrich & Company INC
Entity
Free & Clear · 3 yrs held
Mailing address
898 SW 21ST ST, BOCA RATON, FL 33486-6943
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2022
$2,694,000
Himmelrich & Company INC
Bnc Investments LLC
Warranty Deed
—
Oct 22, 2021
—
Bnc Investments LLC
Behzad Cohan
Special Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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